Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
Bank of China's investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes. The bank has become the first Chinese institution to issue this type of tokenized s...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The bank has become the first Chinese institution to issue this type of tokenized security in Hong Kong, global investment bank UBS said in a recent press release.
The notes, which were worth CNH 200 million, were initiated by UBS and distributed to clients in the Asia-Pacific region. ...
Read More: Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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